The Institutional Risk Analyst

When Elizabeth Warren and Maxine Waters spoke publicly against the CapitalOne-Discover transaction, they were actually supporting the monopoly position of JPMorgan and other large banks. By opposing CapitalOne-Discover and, indirectly, supporting JPM, Warren, Waters and other progressives are actually hurting low income consumers.

Folks in the financial sector are beginning to wonder if certain parts of the government apparatus will continue to function.

How is Goldman going to extricate itself from this profoundly unattractive business with AAPL without destroying Apple Card?

Despite what Joe Biden says about helping Americans with the soaring cost of housing, he really protects Black Rock (BK), Pimco et al

Our view is that the BKI purchase is a horrible deal for ICE shareholders, a value killer of epic proportions

Amidst the yelling and screaming of Elizabeth Warren, we suspect that Jay Powell will survive the crisis